$2.5b ODA deal to be signed with Japan during PM's visit

Japan will sign a $2.5 billion official development assistance with Bangladesh during Prime Minister Sheikh Hasina's visit to country between May 28 and 30, says Foreign Minister AK Abdul Momen.Briefing the media on Sunday (May 26), he said, “The prime minister will leave for Tokyo on Tuesday, where she will join ‘The Future of Asia’ programme organized by Nikkei."

“She [Hasina] will then hold a bilateral meeting with his Japanese counterpart Shizo Abe. At that time, a cooperation agreement of $2.5 billion will be signed between the both countries,” he said According to the foreign minister, the fund will be used for as many as five development projects in Bangladesh including Matarbari Power Plant, and Mass Rapid Transit (Dhaka metro rail) projects.“Bangladesh will also seek Japan’s cooperation on solving Rohingya crisis,” said Moenm before adding a delegation of 53-businesspeople will be among the PM’s entourage during her visit to Japan.The prime minister will leave fly for Saudi Arabia on May 30 to join the Organisation of Islamic Cooperation (OIC) Summit in Makkah the next day, said the foreign minister.

Hasina is the lone stateswoman who is attending the OIC Summit and is scheduled to deliver speech, he added.“Following the OIC summit, the prime minister will go to Finland where she will celebrate this year’s Eid-ul-Fitr,” said the foreign minister.

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